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Gambling
What is problem gambling
Problem gambling is gambling behavior that causes disruptions in any major area of life: psychological, physical, social or vocational. The term « Problem gambling » includes, but is not limited to the condition known as « pathological » or « compulsive » gambling, a progressive addiction characterized by:
An increasing preoccupation with gambling,
A need to bet more money more frequently
Restlessness or irritability when attempting to stop gambling
« Chasing losses » and loss of control. Ex: continuation of the gambling behavior in spite of mounting, serious, negative consequences.
Problem Gambling
Problem gambling can cause serious financial problems, including an inability to work and high debt.
Gambling takes many different forms. It includes playing games at casino, placing bet at a race track, and participating in a neighborhood poker game, but it also includes informal sports betting with friends and acquaintances, online gambling, video games at bars and other establishments, bingo, buying scratch-off lottery tickets, and even excessive day trading on the stock market.
Problem Gambling
What « triggers » heightened your awareness of an addictive behavior?
What are some signs of problem gambling at home?
What are some signs of problem gambling ...
Recognizing Problem Gambling;
Missing school or work
Declining ambition or efficiency
Feeling remorse
Feeling an urge to continue after loosing (to win money back) and when winning (to win more)
Gambling to pay debts or obligations
Gambling to escape worry, loneliness, boredom, or personal problems
Borrowing or stealing money to gamble
Phases of Problem Gambling
Winning phase: The adventurous or winning phase is marked by an increasing desire to use gambling for excitement. This phase often includes a big win that the gambler believes resulted from his or her personal ability.
Losing phase: In the losing phase, the gambler bets increasing amounts of money while « chasing » lost money.
Desperation phase: When gambling becomes a full-time obsession, the gambler increasingly gambles on credit and takes greater and greater risks.
And some experts recognize a fourth phase: Hopelessness.
Now let’s do a little quiz together!!!
TRUE OR FALSE
Good VLT players are attentive and very observant. They can easily tell when they are about to win.
Answer
False
VLT’s are games of chance. That means they are unpredictable and uncontrollable. It doesn’t matter whether you pay attention or not. There is no skill involved and no such thing as an ‘expert’ VLT player.
TRUE OR FALSE
With a video lottery terminal, the payback percentage is about 92%. In other words, gamblers will lose an average of 8% of what they bet over the long term.
Answer
true
For every $100 you bet on a VLT you get back only about $92 over the long term. If you turn around and bet that $92 you will lose about 8% again (leaving you with about $85) and so on. The more you bet, the more money you will lose.
TRUE OR FALSE
When a VLT has not paid out a jackpot for awhile, the machine is full and therefore on the verge of paying out.
TRUE OR FALSE
Answer
False
There is no connection between the machine money box and electronic chip that manages the winning and losing combinations. Chance is the only factor that determines when a jackpot pays out. A machine is never DUE to pay out.
TRUE OR FALSE
Every VLT has an electronic chip that generates random results. Nobody can predict what the next results will be.
Answer
True
Every time you hit PLAY one combination is selected from among the thousands produced by the VLT’s electronic chip at that particular moment. This number determines whether you win or lose. There is no way to predict the outcome of a VLT game.
TRUE OR FALSE
A good player can develop skills with games of chance like VLT’s.
Answer
False
Chance makes everything unpredictable and uncontrollable. Nobody can IMPROVE or be SKILLED at VLT’s.
TRUE OR FALSE
Someone with a lot of money can play longer and more often than someone who has less. But that person is no more likely than anyone else to make money at VLT’s.
Answer
True
Rich people truly have no advantage when it comes to VLT’s. Playing longer or more frequently just means losing more money in the long run.
TRUE OR FALSE
By definition, chance is unpredictable and uncontrollable. However, you can beat the odds at VLT’s by playing longer or more frequently.
FALSE
Nobody can BEAT THE ODDS at VLT’s. It’s impossib...
Nobody can BEAT THE ODDS at VLT’s. It’s impossible because they are games of chance!
TRUE OR FALSE
Certain symbols that come up regularly (for example, the orange, the bell or cherry) can sometimes indicate that a jackpot is coming soon.
TRUE OR FALSE
Answer
False
Every play is independent and has nothing to do with the plays before or after. There is absolutely no way to know when a jackpot is coming.